Master in Entrepreneurship and Innovation
| International Entrepreneurship | |
| Module: | Module 1-Entrepreneurship in context, Semester 3 |
| ECTS: | 2 |
| Course learning outcomes: | A purpose of
this course is to sensitize students to entrepreneurial theory, and
introduce students to the framework of organizations and practices
that affect enterprise strategies and operations. The framework of
organizations and the practices that affect enterprises will be
approached through 1) their own preparation during their case study
sessions; 2) by discussing the cases presented by their classmates.
These aspects will be evaluated through their oral presentation
(for 1); and through their ability of discussing other case studies
(for 2). The theoretical part will be also evaluated through a
written exam counting for 70% of the grade. This course also fosters on student's skills in gathering information, drawing conclusions from it, and presenting the material adequately. In fact, understanding business reality is not enough; often there is a need to search pertinent information. That's why, through their case studies, students will have to see how to get this information. Once they have it, they then must draw conclusions, knowing, that on markets, information is never complete. This means that they will have to act or decide under uncertainty. Thus, decision making includes a part of risk. This lesson they will learn during the preparation of their case. Finally, student will understand that creating a business (in an international context) is not only a question of uncertainty and risk taking. There is also a lot of technical know-how behind. That fore, to succeed in their project, they will have to know how to work on a business plan and how to create business development studies. They will understand that for entrepreneurship, often the tools have to be adapted. That fore, they have to know, understand and master the existing tools. In this course, the teacher will work with each student on the adaptation of the tools they have to use in their specific situation. Their ability to adapt existing to reality will be reflected in their presentation (case study). |
| Description: | The primary objective of this course is to expose the students to issues involved in international entrepreneurship. The world crisis has reduced the possibilities of finding employments in big enterprises. Thus, creating or overtaking an enterprise may be an interesting alternative. Due to the globalization of the world, some may find an opportunity abroad. Entrepreneurship has become international. Also, this topic has become important, both as an academic discipline and as a professional specialization. Mainly based on practical case studies, this course will help students to develop global business plans, select international opportunities, and determine the best market entry strategy. It will present and discuss concepts and methods, in order to familiarize the students with a variety of situations that can be encountered when creating/overtaking a firm in an international context. By providing the framework and in-depth examples, students should be able to apply this knowledge to the specific situations examples that may come up in their future careers. |
| Organization: | This course is mainly based on case studies and student's
interactions. Students will be evaluated on an international business project, they will have to present in front of their colleagues. They will have to foster on their abilities to express orally their ideas (speech, public speaking, producing high-impact presentations). This objective will be evaluated through their ability to present orally their project to their classmates (20 %). Furthermore, students will have to prove their ability to understand a situation where dynamics and interactions affect enterprise's overall performance. This will lead them to look analytically and critically at a situation to understand the issues and to draw conclusions. Particularly, they will have to check the accuracy and completeness of the information, the information-collecting method and the reliability of the sources other students use in order to contribute to the understanding of the mechanisms that influence their business idea. This type of work will be evaluated through their interactions and will count for the 10% grade. Student's will also have to participate in a written exam (70%) verifying their theoretical knowledge. |
| Language: | English |
| Lecturer: | GUNDOLF Katharine |
| Mandatory: | Yes |
| Rating: | ?Written Exam 70% ?Presentation 20% : Presentation of the business situation ?Other10%: Discussing another student's participation |
| Note: | LITERATURE International Entrepreneurship: Starting, Developing, and Managing a Global Venture 3rd ed. Edition by Robert D. Hisrich (Author) Gundolf K., Jaouen A., Lasch F. & Le Roy F. 2009. International Entrepreneurship. International Journal of Business and Globalization, 3(1). Special issue The academic and professional papers published online or in International Business Journals can be used by students to obtain information about concepts, theories and applications in Entrepreneurship. However, students will specially have to use the knowledge they already acquired. i.e. some of them will have to use marketing tools, organizational and financial know-how. As entrepreneurship is a transdisciplinary approach, every business tool is welcome - read your old courses! |
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| URL: https://wwwfr.uni.lu/formations/fdef/master_in_entrepreneurship_and_innovation/programme | Date: vendredi 23 juillet 2021 11:46:48 |